
Up to $7500 Federal tax credit for the purchase of an electric vehicle
Up to $1000 Federal tax credit for EV charger installation
Up to $250 NJ resident state incentive for EV charger installation
Up to $4000 NJ resident state incentive for the purchase of an electric vehicle
New Jersey residents pay no sales tax that’s another 6.625% savings!
Plus $1,000 VW Customer Bonus
EV Rebates Nearing End of Funds.Â
October 26, 2023
“The $30 million allocated for Charge Up New Jersey for fiscal year 2024 is drawing near an end. At the current rate of participation, the program anticipates fully allocating funding by November 2023, however this is subject to change depending on application volume.” (Charge up New Jersey, https://chargeup.njcleanenergy.com)
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*Charge Up New Jersey promotes clean vehicle adoption in the state by offering incentives of up to $4,000 for the purchase or lease of new, eligible battery electric vehicles (EV) and $250 for purchasing an eligible EV charger. By shifting away from gasoline and diesel use, it creates many environmental and economic benefits, including less air pollution and reduced greenhouse gas emissions. For more information on Charge Up New Jersey, click here.